Producer prices for sorghum per tonne are recorded in current US dollars, representing the amount receivable by farmers for their output. The data is compiled by Africa Development Indicators from the World Bank, based on the System of National Accounts 1993 definition of producer prices.
Use Cases
- Analyze annual trends in sorghum producer_price per tonne to assess farm profitability.
- Model the relationship between sorghum producer_price and other macroeconomic indicators like exchange rates.
- Compare producer_price movements across different agricultural commodities for supply chain analysis.
Strengths
- Data adheres to the standardized SNA 93 definition for producer prices, ensuring conceptual consistency.
- Prices are reported in a common currency (current US$), facilitating international comparison.
Limitations
- The specific row count, time range, and geographic coverage of the dataset are unknown.
- The dataset excludes any transport charges invoiced separately, which may affect total revenue analysis.
Provenance
- Source
- Africa Development Indicators, World Bank
- Collection Method
- Compiled according to the System of National Accounts 1993 methodology for producer prices.
- Time Range
- null
- Freshness
- null
- Geography
- null